You don’t have to be a first-timer to qualify for a healthy tax credit. If you have lived in your current home for 5 of the last 8 years and are planning to move to a new house (as the primary residence) and the new home is under 800K – you qualify. The link below answers some Frequently Asked Questions and is the most informative site for tax credit information. Please let me know if you have any questions. There is also first time home buyer information on this site too.
http://www.federalhousingtaxcredit.com/faq2.php
